Can Doctor and Non-Doctor form a partnership firm and run a hospital by the abovementioned firm? Please also mention, which points should be considered while creating this firm.
CONDITIONS FOR FILING 10B AND 10BB AUDIT REPORT FOR TRUST,(Whether object of the trust is to be considered or not eg ,whether having educational purpose etc.)
Housing society having PAN as AOP. While filling the ITR,
1. How to show members contribution? (in which head)
2. How to claim exemption of members contribution under concept of mutuality? (under which section or head?)
3. Interest income shown under income from other sources but not able to claim deduction under section 80P. How to claim deduction?
Sir,
It Assessee new house construction value rs:1.50 crores amount show in accounting records as per f.y. 22-23
Doubt:
Assessee house construction value estimated certifiy by Engineer compulsory or not for income tax purposes.
How does one calculate the effective date of becoming NRI? Would appreciate if could be elucidated with an example of 365 days in four years!
Kindly advise!
where a appeal is filed before cit & return was not filed then appellant is liable to pay tax determined by AO or can make application u/s 249(4)(b) not to exercise the provision of paying tax as determined us 249(4)(b). i have a query whether appellant is required to make application us 249(4)(b) in case of filing of appeal against penalty orders???
Hello
As we all know as in ITR 6 we have to file Company's Return hence company needs to get audited in companies act.
My Query is while filing point no. e of audit information in ITR 6 which states as below:
"If liable to furnish audit report under any act other than the Income-tax Act, mention act under which you are liable for audit and whether have you furnishing such report."
So whether in the above we have to mention Date of Audit report of a Company?? is yes then what section code needs to be selected while filing the information as it require information as below:
- Act:
- Section Code:
- Have you got audited under the selected Act other than the Income-tax Act? Yes or no
- Date of furnishing the audit report:
Kindly help me in this.
Thanks in advance
RAJAT PANDYA
Filed TDS Return of Quarter-1 (23-24) instead of Quarter -2 (23-24). Kindly give suggestions to rectify the same.
Dear Experts,
50% of share of a commercial rented property is sold and a sale agreement is made. However the same is not registered and no stamp duty is paid on the same. Due consideration between parties has been paid. In this case rent received by purchasing party will be subject to tax ? Will he be considered as joint owner of unregistered sale agreement?
Please advice
Regards
I purchased a land in year 2004 with a circle rate of 8 Lacs. I want to sell it in year 2023. Now the circle rate is 160 . The bifurcation of circle rate is 76 for land & 84 for building. Kindly guide me to calculate the Long Term Capital Gain on the said matter.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Partnership Firm of Doctor and Non-Doctor